Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
Brian Joffe’s statement recently that investors are "very anti-SA" is an understatement. Our country is on the verge of being a rogue state as a consequence of Jacob Zuma’s presidency.
The government’s call for expropriation of land without compensation is viewed by many investors as a dangerous signal for future investment. US President Donald Trump takes the view that it is immoral and illegal.
The ANC and the government have no plan, in any event, on how to deal with "new farmers". The cost of equipping them with implements such as tractors and harvesters will run into hundreds of billions of rand.
Aside from the fact that National Health Insurance will cost a few hundred billion rand, the SA Revenue Service is underachieving and will continue to do so until the government reins in corruption. More than R600bn has been lost to looting and corruption since 1994, and little or nothing has been done to retrieve this money.
As Duma Gqubule accurately wrote in "Place economy in ICU now to staunch the flow of blood" (August 28): "SA’s dismal economic performance has nothing to do with the global economy." None of the main political parties has a plan to start an economic recovery.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: SA sends out scary signals
Brian Joffe’s statement recently that investors are "very anti-SA" is an understatement. Our country is on the verge of being a rogue state as a consequence of Jacob Zuma’s presidency.
The government’s call for expropriation of land without compensation is viewed by many investors as a dangerous signal for future investment. US President Donald Trump takes the view that it is immoral and illegal.
The ANC and the government have no plan, in any event, on how to deal with "new farmers". The cost of equipping them with implements such as tractors and harvesters will run into hundreds of billions of rand.
Aside from the fact that National Health Insurance will cost a few hundred billion rand, the SA Revenue Service is underachieving and will continue to do so until the government reins in corruption. More than R600bn has been lost to looting and corruption since 1994, and little or nothing has been done to retrieve this money.
As Duma Gqubule accurately wrote in "Place economy in ICU now to staunch the flow of blood" (August 28): "SA’s dismal economic performance has nothing to do with the global economy." None of the main political parties has a plan to start an economic recovery.
Nathan Cheiman, Northcliff
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.